RSSSenators call for investigation into student loan forgiveness program
Twenty-three Democratic Senators have called for an investigation into a loan servicer over its handling of a student loan forgiveness program.
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Spotlight
News
Kraninger approaches small business data collection rules with care
At a public symposium last week, academics, market participants and policy-makers gathered to discuss effective implementation of a Dodd-Frank Act section which would increase public data about small business lending, specifically those owned and operated by women and minorities.
CFPB files suit against student loan operation
The Consumer Financial Protection Bureau has filed a complaint and a temporary restraining order against a student-loan debt-relief operation engaged in allegedly unlawful conduct.
CFPB issues annual student loan report
The data reveals that borrowers of both private and federal student loans reported issues ‘dealing with your lender or servicer’ in more than half of all complaints.
Task force on federal consumer law launched
The Consumer Financial Protection Bureau announced that it will establish a taskforce to examine ways to ‘harmonize and modernize’ federal consumer financial laws.
CFPB names advisory board members
Consumer Financial Protection Bureau Director Kathy Kraninger announced the appointment of members to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council.